Google recently announced its new CFO would receive a $9.9 million signing bonus, leading to heated discussions online. Seems like the paycheck is causing quite a stir!
Summary
- Base salary of $1 million but stocks worth tens of millions annually
- Largest payouts to retain top talent, e.g., $100 million for Neil Mohan
- Debate over adequacy: low for Google or high for a CFO
Salary or Stock: The Compensation Conundrum
One user pointed out the base salary of $1 million is just the tip of Google’s compensation iceberg. They receive stocks that could amount to tens of millions yearly, making the package much more lucrative than it seems at first glance.
Comparing to Average Income
Another user remarked that it would take the average American 200 years of work just to earn the signing bonus received by Google’s new CFO, reflecting the staggering wealth disparity in the corporate world.
Perception vs. Reality
Some users questioned if the $9.9 million bonus was low for Google’s standards or high for a CFO compensation. Especially notable considering senior software engineers at Google making more yearly than the new CFO’s base salary, despite being non-executives.
Cue the debates on executive pay and corporate spending priorities!